water reservoir costs, Thames Water bill impact, Ofwat pricing estimates
“Thames Water says new Abingdon reservoir could cost bill-payers up to £7.5bn,” that’s three times more than the original estimate.
So here’s how the works or rather how you get had.
Ofwat has this totally made up, completely bonkers number which apparently represents…
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— Feargal Sharkey (@Feargal_Sharkey) August 15, 2025
Thames Water says new Abingdon reservoir could cost bill-payers up to £7.5bn
Recently, Thames Water made headlines by announcing that the new Abingdon reservoir could cost bill-payers up to £7.5 billion. This figure is three times more than the original estimate, leading to outrage among consumers. The unexpected surge in costs has raised eyebrows and questions about the accuracy of cost projections in large infrastructure projects.
That’s three times more than the original estimate
The dramatic increase in the estimated costs has left many scratching their heads. How did the costs balloon from initial projections to a staggering £7.5 billion? It’s crucial to understand the factors contributing to such steep price hikes, including inflation, regulatory changes, and unforeseen challenges in the planning and construction processes. As Feargal Sharkey pointed out in a tweet, this situation is puzzling and frustrating for those who will ultimately bear the financial burden.
So here’s how the works or rather how you get had
Consumers are rightfully concerned about how decisions made by utilities like Thames Water affect their wallets. The role of Ofwat, the water regulator, comes into play here. Critics argue that the figures provided by Ofwat seem exaggerated and lack transparency. Understanding how these estimates are calculated could shed light on the legitimacy of the costs and help consumers advocate for fair pricing.
Ofwat has this totally made up, completely bonkers number which apparently represents…
The skepticism surrounding Ofwat’s calculations is palpable. How can we trust figures that seem arbitrary and disconnected from reality? It’s essential for consumers to demand clarity and accountability in such significant financial undertakings. Engaging in discussions about water management and pricing will help ensure that future projects are not only viable but also economically sensible for everyone involved.
For more insights on this topic, check out Feargal Sharkey’s Twitter.